Telecom Plus PLC Director/PDMR Shareholding (7440I)
March 23 2018 - 4:47AM
UK Regulatory
TIDMTEP
RNS Number : 7440I
Telecom Plus PLC
23 March 2018
Telecom Plus PLC (the "Company")
Notification and public disclosure by directors/persons
discharging managerial responsibilities and persons closely
associated with them
Charles Wigoder, Chairman of the Company, has notified the
Company that he has today deposited a further 350,000 of his shares
in the Company into a collateral account at Barclays Bank Plc
("Barclays") as partial security for an increase to an existing
loan facility. Under the terms of his agreement with Barclays,
title to the 350,000 shares can be transferred, sold or otherwise
dealt with by them following an event of default under the security
agreement.
1 Details of the person discharging managerial
responsibilities/person closely associated
--- -------------------------------------------------------------
a) Name: Charles Wigoder
--- --------------------------------- --------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status: Chairman
--- --------------------------------- --------------------------
b) Initial notification/Amendment: Initial notification
--- --------------------------------- --------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name: Telecom Plus PLC
--- --------------------------------- --------------------------
b) LEI: 549300QGHDX5UKE58G86
--- --------------------------------- --------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -------------------------------------------------------------
a) Description of the financial Ordinary Shares
instrument, type of instrument: of GBP0.05 each
Identification code: GB0008794710
--- --------------------------------- --------------------------
b) Nature of the transaction: Moving a further
350,000 ordinary
shares into a collateral
account with Barclays,
to act as partial
security for an
enhanced loan facility
--- --------------------------------- --------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---------- ----------
N/A 350,000
---------- ----------
--- --------------------------------- --------------------------
d) Aggregated information:
* Aggregated volume: 350,000
N/A
* Price:
--- --------------------------------- --------------------------
e) Date of the transaction: 23 March 2018
--- --------------------------------- --------------------------
f) Place of the transaction: Outside trading
venue
--- --------------------------------- --------------------------
For further information, please contact:
Telecom Plus PLC
David Baxter
Tel: (020) 8955 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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